Search
MicroStrategy Acquires 9,245 Bitcoin For $623M, Holds 214,246 BTC
MicroStrategy has announced another substantial purchase of Bitcoin. According to a tweet by the company's former CEO, Michael Saylor, MicroStrategy has purchased an additional 9,245 BTC for approximately $623 million. https://twitter.com/saylor/status/1770061111146033385?s=46 According to the details, the company utilized proceeds from convertible notes and excess cash. The average purchase price for this latest acquisition stands at......
Nigerian Court Orders Binance to Provide User Data to Financial Crimes Commission
In a recent development, a Nigerian court has directed cryptocurrency exchange Binance to furnish the nation's Economic and Financial Crimes Commission (EFCC) with detailed information on all Nigerian users trading on its platform. Justice Emeka Nwite from the Abuja Division of the Federal High Court issued the interim order. Also, this comes in response to......
🥛 Crypto’s CRAZY weekend 👀
Today’s edition is brought to you by BitcoinIRA – the world’s first & most trusted way to invest in crypto tax-free.* Fund your BitcoinIRA account today.GM. This is Milk Road, your no-nonsense guide in the crypto world – we keep it clear, concise, and directly to the point.Here’s what we got for you today: Crypto’s......
Worldcoin Asserts Compliance With Global Laws Amidst Spain Ban
Worldcoin has recently issued a statement addressing its operations and compliance in light of growing legal uncertainty in Spain. In a blog post titled "Essential facts about Worldcoin," published on March 18, the project provided key information about its practices, rules, and regulations. Key highlights: Worldcoin claims to operate lawfully in all locations where it......
Standard Chartered Bullish on Bitcoin, Raises Price Forecast to $150,000
In a recent investment note, Standard Chartered Bank significantly increased its year-end price forecast for Bitcoin (BTC) from $100,000 to $150,000. The bank's analysts, under the direction of Geoffrey Kendrick, have also forecast that BTC could reach a cyclical high of $250,000 in 2025 before falling to around $200,000. Key highlights: Standard Chartered Bank raises......
Odds of Spot Ethereum ETF Approval Plunge To 23%
The likelihood of a spot Ethereum exchange-traded fund (ETF) receiving approval from the U.S. Securities and Exchange Commission (SEC) by the end of May has significantly decreased, according to prediction markets and industry analysts. Polymarket, a decentralized prediction market platform, currently estimates the chances of approval at 23%. This is a sharp decline from the......
FTX’s Sam Bankman-Fried Should Face 40–50 Years In Prison: Prosecutors
In a sentencing memo filed on Friday, federal prosecutors recommended that Sam Bankman-Fried be sentenced to a minimum of 40 years and a maximum of 50 years in prison. The Department of Justice's Southern District of New York office argued that the severe sanction is necessary due to the gravity of Bankman-Fried's crimes. These include......
🥛 What happened to crypto yesterday?! 🤬
Today’s edition is brought to you by CoinTracker – a crypto tax solution that simplifies filing with thousands of seamless integrations and auto-import to TurboTax.Generate accurate reports and file in minutes today!GM. This is Milk Road. We pour the latest crypto buzz straight into your cup – no sugar needed, just pure facts.Here’s what we......
🥛 Memecoins are taking over! 👀
Milk Road is the daily newsletter that makes you smarter about important and interesting developments in crypto - all in under 5 minutes a day. Interested in reaching smart readers like you? Sponsor Milk Road.Welcome to Milk Road, where we pack every crypto update like a lunchbox – nutritious, satisfying, and exactly what you need......
Crypto.com Slapped with $3.1 Million Fine by Dutch Central Bank
The Dutch central bank, De Nederlandsche Bank (DNB), has announced that it has imposed a substantial fine of 2.85 million euros ($3.12 million) on Foris DAX MT Limited (DAX MT). It is the company behind the well-known cryptocurrency exchange, Crypto.com. The penalty was issued last October. It stems from the platform's failure to register with......
